Introduces the types of Fibonacci - Singapore Forex Trading, Singapore Forex Academy, Singapore Forex Association

Fibonacci Arcs :
Be built as follows: first, the trend lines are drawn from two extreme points, for example, from minimum to maximum opposite. Then, three arc-shaped lines will be built with extreme political point coincides with the Center Monday and cut the trend line at Fibonacci levels of 38.2, 50, and 61.8%. Fibonacci Arcs are viewed as the neckline on the proximity and under potential. Fibonacci Arcs and Fibonacci Fans are often used together on the chart and the neckline on the proximity and under is determined by the intersection point of the line.

Fibonacci Fan
Fibonacci Fan is a tool that is built as follows: a trend line-for example, draw a line connecting the two extreme points. Then, an "invisible" vertical axis is drawn automatically passes over the maximum points Monday. And there will be 3 trend line drawn from the extreme point of the first treatment, the road cuts along the invisible in Fibonacci levels of 38.2, 50, 61.8% and by.
The straight line is considered as representing the neckline on the proximity and under. To achieve greater efficiency in the anticipated price, we should use other Fibonacci instruments along with the Fibonacci Fan.

Fibonacci Retracement
The Fibonacci Retracement lines are constructed as follows: first, the trend line is drawn between two extreme points, for example, from the maximum score minimum points for an. Then, 9 horizontal lines cutting the trend lines in the Fibonacci levels of 0.0, 23.6, 38.2, 50, 61.8, 100, 161.8, 261.8 and 423.6% is drawn. After a rate increase or decrease, the price will often return to the previous level to regulate for a necessary part (and occasionally until complete) of the initial changes. Reviews typically touch approach on asymptotic/under Fibonacci Retracement levels at or near in a sequential process of change.

Fibonacci Time Zones
Fibonacci Time Zones is a series of vertical lines spaced 1, 2, 3, 5, 8, 13, 21, 34, ... The strong price changes are usually located near the road.
To build this tool, to identify the points to be able to know the length of the distance unit. All other lines are built based on the spacing unit and the Fibonacci numbers.

Fibonacci Expansion
Fibonacci Expansion similar to Fibonacci Retracement and used to determine the end point of the third wave. Unlike Fibonacci Retracement, this tool is constructed not only based on a trend line, which is based on two wavelengths.
First, draw a straight line trends for the first wave, the height of it will be used as the unit of distance. The end point of the second wavelength is the point with reference to a vertical shaft invisible. The other respective line drawn from that reference point on the distance equal to 61.8%, 100% and 161.8% of unit distance (determined when construction first line). The third wave will finish near these levels.

Fibonacci Channel
Fibonacci Channel created by the parallel trend lines. To build this tool, the width of the channel is used as the width of the unit. Then, the parallel lines are drawn at the point the value corresponding to the Fibonacci sequence, starting with the unit width 0618, then 1,000, 1,618, 2,618, 4,236 times. After the fifth wave, can predict the change of trend.
N n remember to build the Fibonacci Channel true then have to rely on the limited road games on the channel when the uptrend and the bottom of the channel when the downward trend.

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